UNIVERSITY OF CHICAGO Charity Report

Public IRS 990 nonprofit record

UNIVERSITY OF CHICAGO

EIN 36-2177139 · Education (B430)

What they do

THE MISSION of THE UNIVERSITY of CHICAGO HAS BEEN to SUSTAIN AT THE HIGHEST LEVEL of EXCELLENCE, THE COMMUNICATION of KNOWLEDGE, THE CREATION of KNOWLEDGE and THE FOSTERING of A DYNAMIC COMMUNITY of SCHOLARS and STUDENTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders79 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.34%of revenue went to mission work84.1% of expenses · Program services

1.17%of revenue went to fundraising1.2% of expenses

$99.04spent for every $100 of revenueRevenue covered expenses this year.

14.53%of revenue went to management and office costs14.7% of expenses

$2.84in assets for every $1 spent this yearSome assets cannot be spent right away.

38.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $3,295,016 for MARK ANDERSON (EXEC. VP MEDICAL AFFAIRS). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,617,072,703

Mission workProgram services$4,681,065,23683.34% of revenue84.1% of expenses

ManagementOffice and general costs$816,279,26314.53% of revenue14.7% of expenses

FundraisingAsking for donations$65,908,1091.17% of revenue1.2% of expenses

Revenue left after expensesReported annual surplus$53,820,0770.96% of revenueShown in gray on the chart

Total expenses$5,563,252,62699.04% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.1% mission · 14.7% management · 1.2% fundraisingTotal expenses: 99.04% of revenue

2023Expense mix: 83.8% mission · 14.7% management · 1.5% fundraisingTotal expenses: 107.34% of revenue

2022Expense mix: 83.5% mission · 15.0% management · 1.5% fundraisingTotal expenses: 103.64% of revenue

2021Expense mix: 82.6% mission · 16.0% management · 1.4% fundraisingTotal expenses: 95.90% of revenue

2020Expense mix: 82.5% mission · 16.1% management · 1.5% fundraisingTotal expenses: 89.39% of revenue

2019Expense mix: 84.0% mission · 14.3% management · 1.6% fundraisingTotal expenses: 110.71% of revenue

2018Expense mix: 83.8% mission · 14.4% management · 1.9% fundraisingTotal expenses: 85.06% of revenue

2017Expense mix: 83.8% mission · 14.2% management · 2.0% fundraisingTotal expenses: 95.78% of revenue

Money in and money out

Revenue$5,617,072,703

Expenses$5,563,252,626

Annual surplus $53,820,077 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,681,065,236 · 84.1% of expenses

Management and office costs$816,279,263 · 14.7% of expenses

Fundraising$65,908,109 · 1.2% of expenses

See all reported dollar amounts

Revenue$5,617,072,703

Expenses$5,563,252,626

Assets$15,809,478,980

Income$10,043,821,261

Contributions$2,147,483,647

Mission work (program services)$4,681,065,236

Fundraising$65,908,109

Grants given$589,241,500

Average grant$320,414

Management and general$816,279,263

Stocks and bonds$3,821,644,126

Accounting fees$1,007,316

Investing fees$2,359,508

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARK ANDERSONEXEC. VP MEDICAL AFFAIRS · 40 hrs/week $3,295,016Base $3,233,711 · Other $61,305

ANDREW WARDVP AND CHIEF INVEST. OFFICER · 40 hrs/week $2,759,396Base $2,690,389 · Other $69,007

VALLUVAN JEEVANANDAMPROFESSOR OF SURGERY · 40 hrs/week $2,250,873Base $2,200,677 · Other $50,196

A PAUL ALIVISATOSPRESIDENT · 40 hrs/week $2,082,741Base $2,031,564 · Other $51,177

LUCA VRICELLAPROFESSOR OF SURGERY · 40 hrs/week $1,816,183Base $1,745,161 · Other $71,022

CHRISTOPHER SALERNOPROFESSOR · 40 hrs/week $1,808,224Base $1,737,859 · Other $70,365

HUSAM BALKHYPROFESSOR OF SURGERY · 40 hrs/week $1,628,354Base $1,568,976 · Other $59,378

MOHAMED FARHATPROFESSOR · 40 hrs/week $1,565,785Base $1,504,568 · Other $61,217

MARYFRANCES MCCOURTCHIEF FINANCIAL OFFICER (UNTIL 10/1/2023) $1,500,000

MADHAV RAJANDEAN BOOTH SCHOOL OF BUSINESS · 40 hrs/week $1,165,432Base $1,137,816 · Other $27,616

KATHERINE BAICKERPROVOST · 40 hrs/week $1,150,932Base $1,096,988 · Other $53,944

ARMIN AFSAHIVP FOR ALUMNI RELATIONS AND DEV. · 40 hrs/week $989,447Base $929,001 · Other $60,446

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (79)

MARK ANDERSONEXEC. VP MEDICAL AFFAIRS

ANDREW WARDVP AND CHIEF INVEST. OFFICER

VALLUVAN JEEVANANDAMPROFESSOR OF SURGERY

A PAUL ALIVISATOSPRESIDENT

LUCA VRICELLAPROFESSOR OF SURGERY

CHRISTOPHER SALERNOPROFESSOR

HUSAM BALKHYPROFESSOR OF SURGERY

MOHAMED FARHATPROFESSOR

MARYFRANCES MCCOURTCHIEF FINANCIAL OFFICER (UNTIL 10/1/2023)

MADHAV RAJANDEAN BOOTH SCHOOL OF BUSINESS

KATHERINE BAICKERPROVOST

ARMIN AFSAHIVP FOR ALUMNI RELATIONS AND DEV.

JAMES NONDORFVP ENROLL. & STUDENT ADV.

KA YEE CHRISTINA LEEINTERIM DEAN

NADYA MASONINTERIM VP FOR SCIENCE, INNOVATION, AND PARTNERSHI

JUAN JOSE DE PABLOVP FOR NATIONAL LABORATORIES (UNTIL 10/1/2024)

PAUL RANDVP COMMUNICATIONS (UNTIL 8/15/25)

LORI BERKOVP & SECRETARY

KENNETH S POLONSKYEXEC. VP MEDICAL AFFAIRS (THRU 9/30/22)

CHRISTIAN MITCHELLVP CIVIC ENGAGEMENT (UNTIL 7/18/2025)

KIMBERLY TAYLORVP & GENERAL COUNSEL (UNTIL 8/2/2024)

ERIN LANEVP AND CHIEF OF STAFF

LAILA RASHIDVP & ASSOCIATE DEAN

MICHELE RASMUSSENDEAN OF STUDENTS (UNTIL 9/2/2024)

IVAN SAMSTEINENTERPRISE CHIEF FINANCIAL OFFICER

MICHAEL DELORENZOVP FOR OPERATIONS (EFF. 9/15/24)

DAVID BARCLAYCHIEF OPERATING OFFICER CRSP

ANTONIO J GRACIASTRUSTEE

NASSEF O SAWIRISTRUSTEE

PAUL CARBONETRUSTEE

RIKA MANSUETOTRUSTEE

ANDREW M ROSENFIELDTRUSTEE

PAUL G YOVOVICHTRUSTEE

RACHEL D KOHLERTRUSTEE

REBECCA JARVISTRUSTEE

MYRTLE S POTTERTRUSTEE

ASHLEY D JOYCETRUSTEE

RICHARD GONZALEZTRUSTEE

RICHARD WALLMANTRUSTEE

VASANT NARASIMHANTRUSTEE

ROBERT HOCHMANVP AND GENERAL COUNSEL (EFF. 6/16/25)

RODNEY L GOLDSTEINTRUSTEE

SATYA NADELLATRUSTEE

STEPHANIE F HARRISTRUSTEE (EFF. MAY 2025)

STEVEN A KERSTENTRUSTEE

STEVEN A WYMERTRUSTEE

TANDEAN RUSTANDYTRUSTEE

THOMAS RICKETTSTRUSTEE

THOMAS F DUNNTRUSTEE

THOMAS J PRITZKERTRUSTEE

VALERIE JARRETTTRUSTEE

ANDREW M ALPERTRUSTEE

EMILY NICKLINTRUSTEE

DAVID M RUBENSTEINTRUSTEE

EMMANUEL ROMANTRUSTEE

FRANK A BAKER IITRUSTEE

GREGORY W WENDTTRUSTEE

GURU RAMAKRISHNANTRUSTEE

HILARIE KOPLOW-MCADAMSTRUSTEE

HILARY KRANETRUSTEE

DONALD R WILSON JRTRUSTEE

DEBRA A CAFAROTRUSTEE

JASON J TYLERTRUSTEE

JOHN LIEWTRUSTEE

JOHN A EDWARDSONTRUSTEE (UNTIL MAY 2025)

JOHN W ROGERS JRTRUSTEE

MICHELE KANGTRUSTEE

KATHERINE ADAMSTRUSTEE

DANIEL L DOCTOROFFTRUSTEE

KENNETH M JACOBSTRUSTEE

BYRON D TROTTTRUSTEE

BRIEN M OBRIENTRUSTEE

BRETT J HARTTRUSTEE

BRADY W DOUGANTRUSTEE (UNTIL MARCH 2025)

MARY A TOLANTRUSTEE

MARY LOUISE GORNOTRUSTEE

BARRY FIELDSTRUSTEE

MICHAEL J KLINGENSMITHTRUSTEE

MICHAEL P POLSKYTRUSTEE (UNTIL MAY 2025)

About this charity

Recognized since: January 1951
Location: 5801 S ELLIS AVE SUITE 300, CHICAGO, IL 60637-5418
County: Cook
In care of: % JENNIE BENNETT
Primary officer: Jennie Bennett, ASSOCIATE VP FOR FINANCE

How to reach them

WebsiteVisit the charity’s website Phone(773) 834-5819

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PWC US TAX LLP
NTEE classification: Education (B430)
Grant-giving organization: Yes